Author Archives: Paul Calleri

CPA CPD Requirements: Have you fullfilled your 20 hours for 2017; Dec 31st. is fast approaching?

Fear Flicker

CPA Ontario states that: Annually, CPAs are required to submit a CPD declaration to remain in good standing with CPA Ontario and CPA Canada. The CPD declaration reflects the previous calendar year Jan.1 to Dec. 31. CPD declarations are due June 1. Declarations received between June 2 and June 30 are subject to late fees. Members with outstanding declarations after June

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Moving from GAAP to IFRS So many changes and so much to learn – A curse or an opportunity?

ifrs_simplified

There is an ancient Chinese curse that goes something like this, “May you live in interesting times!” Well, these are definitely interesting times for accountants. Depending on your point of view, the numerous changes in the Canadian accounting landscape are either a curse or an opportunity. In Canada, Publicly Accountable Enterprises are changing from GAAP to IFRS and Private Enterprises

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AASB Decision Summary – October 16-18, 2017

update

At its recent meeting, the Board addressed a number of topics including Auditing Accounting Estimates, Auditor Reporting, Agreed-upon Procedures and Compilation Engagements. Read now! Visit TheGAAP.net daily to be kept up to date on accounting information, trends and changes. For years, TheGAAP.net has provided Accounting; articles, surveys, employment opportunities, resource recommendations and accounting services by some of the best known

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10 reasons to adopt dynamic performance management (DPM) – Reasons 8-10

2015 Hiring Trends - Financial Analysts & Senior Accountants

This article, which is the third of a three-part series, will continue demonstrating that effective performance management is the language of business improvement. Activating dynamic performance management (DPM) equips organizations to learn from mistakes and build on successes. This article will discuss the final three of 10 key reasons that adopting DPM provides a high return on investment.    

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10 reasons to adopt dynamic performance management (DPM) – Reasons 4-7

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We recently shared three important reasons that dynamic performance management, or DPM, should be considered for your organization. They were: the actualization of real customer value, the ability to convert data overload into information power, and the creation of a culture and business climate comprised of action and empowerment. In this second instalment, we share reasons 4-7 with you.  

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REGISTER TODAY! CFA Montreal Event – GAAP and Non-GAAP Financial Information: Will This Marriage Survive?

IFRS update

Attend this luncheon event in Montreal on October 4, 2017 and hear from AcSB Chair, Linda Mezon, and AcSOC Vice-Chair, Miville Tremblay. Register by September 29, 2017! Please note: You may quality for professional development hours/credits. As reported by The Financial Standard. Sign up now! Visit TheGAAP.net daily to be kept up to date on accounting information, trends and changes.

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Are you ready for that next senior accounting position?

Are you ready for that next senior accounting position?

Whether you’ve started or your months away, now is the time to get started. Do you have a job description? If you don’t you could start by doing a search online for any relevant job descriptions. Try getting two or three and consolidate all the different duties. Then review to make sure that all the important duties are there. This

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Exposure Draft and comment letters—Property, Plant and Equipment—Proceeds before Intended Use (Proposed amendments to IAS 16)

IFRS

The International Accounting Standards Board has proposed narrow scope amendments to IAS 16 Property, Plant and Equipment to reduce the diversity in application of the Standard. As reported by The Standard. IAS 16 establishes principles for recognising and measuring items of property, plant and equipment as assets. The proposed amendments would prohibit deducting sales proceeds from the cost of an

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